Multibagger Share: A smallcap stock has traveled from Rs 43 to Rs 1300 in the last 5 years. That means more than 2900 percent return. Not only this, the share price has increased by more than 180 percent in the last one year. we are talking ASM Technologies of. This company provides consulting and product development services for engineering and product R&D. It was started in 1992. Apart from India, the company also has presence in USA, Singapore, UK, Canada, Mexico and Japan.
Its services include Automation Solutions, Compromise Assessment, Digital Engineering, Engineering Services, Driver Assistance Systems, Robotics, Product Life Cycle, Internet of Things (IoT), Virtual Reality/Augmented Reality, Sustainment Life Cycle and IT Infrastructure Capabilities.
2 lakhs made 60 lakhs in 5 years
Shares of ASM Technologies closed at Rs 1299.15 on BSE on January 24, 2025. 5 years ago on 24 January 2020 the share price was Rs 43.06. In this way the return in 5 years was 2917 percent. If someone had invested Rs 50,000 in shares at the price of 5 years ago and has not sold even a single share yet, then his investment would have been Rs 15 lakh. Similarly, the amount of Rs 1 lakh would have become Rs 30 lakh and the amount of Rs 2 lakh would have become Rs 60 lakh.
The share has gone up to Rs 1864
According to BSE, the market cap of the company is Rs 1,500 crore. The stock has become 12 percent cheaper in just one week. Promoters held 57.10 percent stake in ASM Technologies by the end of December 2024. The stock had touched a 52-week high of Rs 1,864 on September 24, 2024. 52 week low of Rs 450 seen on 6 February 2024.
Multibagger Stock: 3000% return in just one year, ₹1 lakh becomes ₹3100000
Financial position of ASM Technologies
ASM Technologies’ revenue on standalone basis in the July-September 2024 quarter stood at Rs 37.32 crore. Meanwhile, net standalone profit was recorded at Rs 5.43 crore and earnings per share at Rs 6.25 crore. In FY24, standalone revenue stood at Rs 122.28 crore, profit at Rs 3.69 crore and earnings per share at Rs 3.44 crore.
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